Contributions
958 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency BillJust for clarification, the Minister said that there was an intention to use frozen funds for the reconstruction of Ukraine. I fully support that idea, but is it legal without a…09 May 2023HANSARDEconomic Crime and Corporate Transparency Bill09 May 2023HANSARDEconomic Crime and Corporate Transparency BillMy Lords, I thank all noble Lords who have spoken in this superb debate. I thank the noble Baroness, Lady Altmann, and the right reverend Prelate the Bishop of St Albans for…09 May 2023HANSARDEconomic Crime and Corporate Transparency BillMy Lords, I understand that the noble Earl, Lord Minto, will reply for the Government on this amendment, which gives me the opportunity to welcome him to his role on the…09 May 2023HANSARDBanks: Closures and Shared Banking HubsMy Lords, getting a smart hub still requires the voluntary participation of the banks, which is part of the reason why the pace of progress has been so slow. Will the Government…27 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023My Lords, first, let me say that obviously we will support this order—although I cannot see any way in which one could not. In retrospect, it confirms the regulatory adjustments…19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023I do not want to pre-empt the noble Baroness, Lady Noakes, in trying to press her question, but it seemed to me that she was asking why was the ring-fenced part of the bank used…19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023I am sorry to interrupt, but the only rationale I can think of is that from a ring-fenced bank you have that very cheap source of funding known as bank checking accounts and…19 Apr 2023HANSARDAmendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023I shall just add something, so that the Minister does not have to repeat herself constantly. The Minister was very clear that the flow of funds out of the ring-fenced HSBC would…19 Apr 2023HANSARDFinancial Services and Markets BillCould I ask a clarification of the Minister—I know that I have not participated? Has she just confirmed that in the Government’s view statutory instruments will indeed be making…23 Mar 2023HANSARDFinancial Services and Markets Bill21 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I start by thanking your Lordships for your patience in putting up with me being gone over the past few weeks following surgery. Noble Lords from all sides of the House…21 Mar 2023HANSARDFinancial Services and Markets BillMy Lords, I thank everyone who has spoken. When I originally drafted these amendments, they were genuinely probing amendments. I felt that I had stumbled on some issues that, if I…21 Mar 2023HANSARDFinancial Services and Markets BillIf the Minister is able to persuade the Treasury or the Government to look again at this issue, can she make the point that, if you can get much more activity from the police…06 Feb 2023HANSARDFinancial Services and Markets BillCan I ask the Minister to follow up seriously on this? The reasonable expectation point matters so much. If it is a case only of outcomes, but that is then qualified by reasonable…06 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, the Minister will have picked up the mood of the Committee and I hope she takes it into consideration when she looks at and decides on her remarks. The concern that has…06 Feb 2023HANSARDFinancial Services and Markets BillI think the Minister said that the legislation, as it finally went through, gave the FCA the option of either a duty of care or something else. Did that imply that it could be…06 Feb 2023HANSARDFinancial Services and Markets BillCan I put in a real request to the Minister? I understand that she is keeping to her brief, but could she get back to the department and tell it that it is time to do something…06 Feb 2023HANSARDFinancial Services and Markets BillMy Lords, I am speaking a little earlier than I usually do on my amendments in case others want to join in on the Equitable Life issue. I thank the noble Baroness, Lady Altmann,…06 Feb 2023HANSARDFinancial Services and Markets BillI shall combine speaking as a winding speaker with addressing the amendment that sits in my name. I added my name to the two amendments from the noble Lord, Lord Moylan,…06 Feb 2023